Land - Residential Development – 20,797 SF in Hollywood, FL – DH-2 Zoning for Multi-Family Dwellings

Category: Land - Residential Development

Price:$1,295,000

Location: Hollywood, FL

Days on Market: 36

Description:

Two duplexes being sold together (2212 Johnson St Folio#5142-16-01-4730 an 2208 Johnson St. Folio #5142-16-01-4731). Great opportunity as these lots are zoned DH-2 (Allows up to 4 stories max 45 ft.). The two lots are equal to 20,797 SF (Approx .477 Acre), with a floor area ratio of 1.75. This property has lots of potential for a developer to do a unity of title and build multi-family dwellings, department of planning has a minimum of 650 Sq.Ft units allowed. Current it is two duplexes with long term stable tenants. It is well maintained and has had some updates and improvements. Local parks, community centers and wonderful amenities near this well located property. Between Ft. Lauderdale, Miami, HardRock and the beach.

Two duplexes being sold together for the potential of development. Two lots = .477 Acres. Allowed up to 4 stories not to exceed 45 Ft. Max FAR 1.75.

Listing Code: 1018808380